2025 Compare Cities Economy:
Hot Springs, SD vs Waterloo, IA

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Highlights
- Household income in Waterloo, is 12% more than it is in Hot Springs and is 40% below the National Average.
- Hot Springs unemployment rate is 4.4%.
- Waterloo unemployment rate is 5.6%.
 Hot Springs, SDWaterloo, IAUnited States
 Unemployment Rate  Unlock5.6%6.0%
 Recent Job Growth  Unlock0.3%1.6%
 Future Job Growth27.7%  Unlock33.5%
 Sales Taxes6.5%  Unlock6.2%
 Income Taxes  Unlock7.4%4.6%
 Income per Cap.$27,060  Unlock$37,638
 Household Income  Unlock$49,430$69,021
 Family Median Income$61,250  Unlock$85,028
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 Est. Households By Income
 Hot Springs, SDWaterloo, IAUnited States
 Income Less Than 15K  Unlock12.2%9.4%
 Income between 15K and 20K6.1%  Unlock3.8%
 Income between 20K and 30K  Unlock10.8%8.1%
 Income between 30K and 40K4.5%  Unlock8.0%
 Income between 40K and 50K  Unlock9.9%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock10.1%9.6%
 Income between 75K and 100K17.0%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K0.8%  Unlock7.8%
 Income greater than 200K  Unlock3.0%9.5%
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 Population By Occupation
 Hot Springs, SDWaterloo, IAUnited States
 Management, business, finance11.3%  Unlock16.4%
 Engineering, computers, science  Unlock4.9%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.8%2.0%
 Healthcare practitioners and technology7.8%  Unlock6.2%
 Healthcare support  Unlock4.1%3.3%
 Firefighters, law enforcement2.3%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance9.7%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support14.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.6%0.6%
 Construction, extraction, maintenance/repair11.8%  Unlock8.1%
 Production, transportation, material moving  Unlock25.5%13.1%
Reviews for Hot Springs    3 Reviews

Over 2 years ago

We are South Dakota natives and we moved to Hot Springs in 2023 after retiring. This move was predicated on a long-time knowledge of the city and many visits here going  More

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Over 11 years ago

Hot Springs, South Dakota has everything a retired person could want. I moved here (from Connecticut) ten years ago and I've never been happier. We have a beautiful  More

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This is a small town, suitable for those who like the Black Hills and want someplace quieter than Rapid City (and a little warmer -- it's located in a kind of climatic  More

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Reviews for Waterloo    5 Reviews

The bike racks recently installed on the MET buses was a great idea for a community that has numerous bike riders and  More

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Over 17 years ago

Unless you're into getting wasted on a regular basis there's not a lot to do here. Most people barhop for fun. Being someone who doesn't drink and doesn't enjoy being  More

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Over 17 years ago

So the weather is emotional here - on and off during the summer its hot and rainy, yet during the fall it is quite often beautiful. Winters can be long, and spring can  More

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